The government of Spain’s prime minister, Mariano Rajoy, which faces an election towards the end of the year, predicts Spain will grow by at least 2 per cent this year. Photograph: Angel Navarrete/Bloomberg

The collapse in oil prices has helped to push the euro zone deeper into deflation, strengthening the case for the European Central Bank’s landmark de(...)

The mood of self-congratulation in Berlin over the balanced budget makes any easing of fiscal policy seem unlikely, even though the German economy is expected to slow this year.

Germany boasted on Tuesday it had balanced its budget for the first time since 1969 and pressed euro zone partners to follow its austere example rath(...)

ECB president Mario Draghi had already opened the door to buying sovereign bonds, when he said last Friday the bank could “broaden even more the channels through which we intervene”

The European Central Bank might decide as early as the first quarter of next year whether to begin buying sovereign bonds, the bank’s vice president (...)

European Central Bank president Mario Draghi yesterday: he confirmed that the bank’s bond buying programme would apply to residential mortgage backed securities. Photograph: Reuters/Kai Pfaffenbach

The European Central Bank has adjusted downwards economic forecasts for this year and next as it cut interest rates to record lows and announced pla(...)

Visitors pass Germany’s national flag as they walk around the dome of the German parliament building, or Reichstag, in Berlin. German unemployment unexpectedly increased for the first time in six months. Photo: Bloomberg

German unemployment unexpectedly increased for the first time in six months amid signs of a slowdown in Europe’s largest economy. The number of peopl(...)

UK retail sales unexpectedly rose in March as warm weather boosted spending on spring clothing. Photo: Bloomberg

UK retail sales unexpectedly rose in March as warm weather boosted spending on spring clothing, adding to evidence the economy gained momentum(...)

German imports climbed to their highest level since reunification while exports fell in February. Photo: Bloomberg

German imports climbed to their highest level since reunification while exports fell in February, in a sign that domestic demand in Europe’s la(...)

The January rise in retail sales in Germany was the biggest increase since February 2007. Photograph: Matt Crossick/PA Wire

German retail sales posted their strongest gain in seven years in January, reinforcing expectations that consumer spending will support growth (...)

The number of people out of work in Europe’s largest economy decreased by 14,000 to 2.914 million, data from the Labour Office in Germany showed today. Photograph: Krisztian Bocsi/Bloomberg

German unemployment dropped in February to its lowest level in nearly 1-1/2 years, boding well for domestic demand, which the government hopes (...)

Angela Merkel is poised for a third term as German chancellor after her Christian Democrats took the largest share of the vote in September 22 elections.
German business confidence increases
  • Economy
  • September 24, 2013, 09:48

German business confidence increased for a fifth month in September amid signs the economic recovery is continuing in the euro area, the nation’s big(...)